Financial analyst stock price target updates

Financial institutions continue to issue diverse analyst ratings and price target updates across several sectors.

In the technology and cryptocurrency space, Citigroup has raised its price target for MicroStrategy to 240 USD, driven by a bullish outlook for Bitcoin, which is projected to reach approximately 113,400 USD within twelve months. Regarding Meta Platforms, Wells Fargo raised its price target to 1,000 USD, noting that long-term AI investments remain a priority despite rising expenses. Meta reported a 28% year-over-year revenue increase to 60.8 billion USD for the second quarter ending June 30, 2026, though expenses rose 55% to 42 billion USD.

In the industrial and consumer sectors, JPMorgan downgraded Schneider Electric from ‘overweight’ to ‘neutral’, lowering its price target from €345 to €310 following the planned acquisition of US software firm PTC. Guggenheim also lowered its price target for McDonald’s to 250 USD due to concerns regarding global growth and weakening US sales. Additionally, Marvell Technology announced long-term revenue goals of 70 to 90 billion USD by fiscal year 2031, fueled by AI chip demand.

Adjustments in the financial and specialty sectors remain mixed. TD Cowen reduced price targets for Ally Financial and Customers Bancorp while maintaining ‘buy’ ratings for both. Wells Fargo lowered its price objectives for Post to 79 USD with an ‘equal weight’ rating and for RPM International to 130 USD, maintaining an ‘overweight’ rating. Barclays maintained a ‘hold’ rating for BOK Financial with a 155 USD target. In the transportation sector, Susquehanna lowered its price target for Allegiant Travel from 110 USD to 85 USD, maintaining a neutral rating.